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according to Mitch McConnell:
I have to agree that the debt is "disturbing."
And, no doubt, the increased cost of Medicare, Medicaid, and Social Security is a part of it.
There is that baby boomer generation that is retiring, after all, and the soaring cost of health care in general.
But, the tax cuts and overspending has nothing to do with it?
C'mon, Mitch, even you could do better than that.
link
After instituting a $1.5 trillion tax cut and signing off on a $675 billion budget for the Department of Defense, Senate Majority Leader Mitch McConnell said Tuesday that the only way to lower the record-high federal deficit would be to cut entitlement programs like Medicare, Medicaid and Social Security.
"It’s disappointing, but it’s not a Republican problem," McConnell said of the deficit, which grew 17 percent to $779 billion in fiscal year 2018. McConnell explained to Bloomberg that "it’s a bipartisan problem: Unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future." The deficit has increased 77 percent since McConnell became majority leader in 2015.
Still, McConnell insisted that the change had nothing to do with a lack of revenue or increased spending and instead was due to entitlement and welfare programs. The debt, he said, was very “disturbing” and driven by “the three big entitlement programs that are very popular, Medicare, Social Security and Medicaid.… There’s been a bipartisan reluctance to tackle entitlement changes because of the popularity of those programs. Hopefully, at some point here, we’ll get serious about this.”
I have to agree that the debt is "disturbing."
And, no doubt, the increased cost of Medicare, Medicaid, and Social Security is a part of it.
There is that baby boomer generation that is retiring, after all, and the soaring cost of health care in general.
But, the tax cuts and overspending has nothing to do with it?
C'mon, Mitch, even you could do better than that.
link